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54 Rainey St Unit 409

Austin, TX 78701

Name: Open House: 1pm-3pm
Start: 2025-02-23T13:00:00
End: 2025-02-23T15:00:00
Location: 54 Rainey St Unit 409

2 beds
2 baths
1,164 sqft
304 sqft lot
$488 per sqft
2005 build
– on site

Welcome to Milago - the height of luxury living in Downtown Austin! This unique and spacious unit features sophisticated hardwood floors throughout the kitchen and living area making the home warm and welcoming. The kitchen features an upgraded tile backsplash and a built in wine fridge as well as a center island perfect for entertaining. This unit also features a covered patio overlooking bustling Rainey Street. The layout places each room with its own bathroom on opposite sides for peaceful and private living. Each room also features its own spacious walk-in closet, with an upgraded built-in closet system in the Primary. This unit also includes two parking spaces, both located right in front of the elevator for additional convenience. Amenities abound at Milago with a 24/7 concierge, exercise facility, indoor and outdoor lounge spaces, and rooftop pool and hot tub. Best of all you are just steps away from the beloved Lady Bird Lake Trail and all of the dining and entertainment Downtown Austin has to offer. This condo truly is contemporary living at its best! Is your client an investor? This unit is on the waitlist for leasing should the future owner choose. Contact Jaclyn Houghton to schedule a showing today.

Listing courtesy of ABOR / Jaclyn Houghton / eXp Realty, LLC

Last checked: Checking… • Last updated Feb 23, 2025 •

MLS# 4537410 —

Upcoming Open Houses

Sunday, 2/23
1pm-3pm

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The Building

Year Built:

2005
Unit Number:

409
Unit Style:

1st Floor Entry
New Construction:

false
Roof:

Concrete
Foundation:

Slab
Exterior Features:

Balcony
Accessibility Features:

None
Patio And Porch Features:

Covered
Window Features:

None
Levels:

One
Direction Faces:

East

Interior

Interior Features:

Breakfast Bar
Living:

1
Dining:

1
Flooring:

Carpet
Fireplace:

None
Laundry Location:

In Hall

Room Dimensions

Living Area:

1164
Living Area Source:

Public Records

Financial & Terms

Possession:

Close Of Escrow
Restrictions:

None

Location

Latitude:

30.257382
Longitude:

-97.739444
Directions:

East on Caesar Chavez, past Congress Ave, right on Red River, left on Davis, right on Rainey. Last bldg on right at hike and bike trail.

The Property

Property Type:

Residential
Subtype:

Condominium
Parcel Number:

02030312340000
Property Condition:

Resale
Property Attached:

true
Other Structures:

None
Lot Features:

Sprinkler - Automatic
Lot Size Acres:

0.007
Lot Size Area:

0 Sqft
Lot Size SqFt:

304 Sqft
SqFt Total:

1,164 Sqft
View:

City
Waterfront:

true
Waterfront Features:

Lake Front
Water Body Name:

Lady Bird Lake
Horse:

false
Additional Parcels:

false
Fencing:

None
FEMA Flood Plain:

No

Listing Agent

Contact info:

Beds

Bedrooms Total:

2
Main Level Bedrooms:

2

Baths

Total Baths:

2
Total Baths:

2
Full Baths:

2

The Listing

Special Listing Conditions:

Standard
Listing Terms:

Cash
Occupant Type:

Vacant

Heating & Cooling

Heating:

Central
Cooling:

Central Air

Utilities

Utilities:

Electricity Available
Sewer:

Public Sewer
Water Source:

Public
Electric On Property:

true

Appliances

Appliances:

Dishwasher

Schools

Elementary School:

Mathews
Elementary School District:

Austin ISD
Middle School:

O Henry
Middle School District:

Austin ISD
High School:

Austin
High School District:

Austin ISD

The Community

Subdivision Name:

Milago Condo Amd
Association Name:

Milago Condo Assoc.
Association Fee:

$900
Association Fee Includes:

Common Area Maintenance
Association Fee Frequency:

Monthly
Community Features:

Cluster Mailbox
Pool Private:

false
Pool Features:

None
Spa Features:

Hot Tub

Parking

Parking Features:

Garage
Garage:

true
Attached Garage:

false
Garage Spaces:

2
Covered Spaces:

2

Monthly cost estimate

Asking price

$569,000

Expense	Monthly cost
Mortgage	$3,046
Taxes	N/A
Insurance	$156
HOA fees	$900
Utilities	$118 See report
Total	$4,220/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Air Pollution Index

Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
2/18/25 Feb 18, 2025	Listed / Active	ABOR	$569,000

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This condo located in Central Austin, Austin, TX 78701 is currently for sale for $569,000. 54 Rainey St Unit 409 is a 1,164 square foot condo with 2 beds and 2 baths that has been on Estately for 5 days. 54 Rainey St Unit 409 is in the Central Austin neighborhood of Austin and has a WalkScore® of 87, making it very walkable. This condo is in the attendance area of Mathews Elementary School and Austin High School.

Based on information from the Austin Board of REALTORS® and ACTRIS 2025. All information provided is deemed reliable but is not guaranteed and should be independently verified. The Austin Board of REALTORS®, ACTRIS and their affiliates provide the MLS and all content therein “AS IS” and without any warranty, express or implied.

54 Rainey St Unit 409

Austin, TX 78701